Aditya Birla Capital Limited (ABCL) has announced an investment of Rs 60 crore on a rights basis in the equity shares of its digital arm, Aditya Birla Capital Digital Limited (ABCDL). The investment, which focuses on the financial services sector, was made to further strengthen the subsidiary’s capital base.
The company has clarified that this investment does not result in any change to the ownership structure, as ABCDL continues to remain a wholly owned subsidiary of ABCL.
The company stated via exchanges – “Pursuant to Clause 1 of Para A of Part A of Schedule III read with sub-Clause (c) of Clause (i) of sub-Regulation (4) of Regulation 30 of SEBI Listing Regulations, we wish to inform you that, Aditya Birla Capital Limited (“the Company” or “ABCL”) has made an investment of Rs. 60 Crore (Rupees Sixty Crore Only) on rights basis, in the equity shares of Aditya Birla Capital Digital Limited (“ABCDL”).”
This move is part of Aditya Birla Capital’s broader strategy to expand its digital financial services capabilities, aligning with the growing demand for digital solutions in the financial sector.
